Inflation and the Structure of Aggregate Output
Theoretical, Empirical and Policy Issues
$76.34
- Paperback
266 pages
- Release Date
6 June 2017
Summary
Contrary to the Quantity Theory of Money, which in its various forms, implies that increases in output of goods and services will, ceteris paribus, exert downward pressure on the general price level, Dr. Nwankwo in this book, argues that the growth of some components of output could accentuate, rather than dampen inflation. This phenomenon, which the author has termed ‘Disaggregation Dissonance Hypothesis’, states that while some components of the GDP may be inversely related to the price …
Book Details
| ISBN-13: | 9781909112759 |
|---|---|
| ISBN-10: | 1909112755 |
| Author: | Abraham Nwankwo |
| Publisher: | Adonis & Abbey Publishers |
| Imprint: | Adonis & Abbey Publishers |
| Format: | Paperback |
| Number of Pages: | 266 |
| Release Date: | 6 June 2017 |
| Weight: | 376g |
| Dimensions: | 14mm x 156mm x 234mm |
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Abraham Nwankwo
Abraham E. Nwankwo holds a Ph.D. degree in Economics from the University of Nigeria Nsukka, where he also obtained his Bachelors and Masters degrees in the same discipline. After a few years of lecturing at the same University, he had a versatile career in banking where he rose to top management positions. He veered into public service in 2001 when he joined Nigeria’s Debt Management Office and in 2007 became the Director-General of the agency. He had previously authored Stable Growth and Foreign Exchange and three other books in creative writing: TATU (drama), Minds of Time (Poetry) and Oracles for Heroes (Prose).
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